Crypto Exchange Bithumb Mistakenly Sent $44 Billion Bitcoin to Users

February 7, 2026

Bithumb, the second largest crypto exchange in South Korea, said it mistakenly gave away 620,000 bitcoin, worth about $44 billion, to users, and has recovered 99.7% of the money.

Bithumb was planning to distribute cash rewards to users in Korean won during a promotional event on Friday, but mistakenly sent bitcoin instead. The exchange discovered its mistake within 20 minutes and blocked 

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